Fears of conflict over Taiwan dominated the recent G7 Foreign Ministers’ meeting in Sapporo, but are they really justified?
Is G7’s fear of Taiwan conflict justifiable?
Video via Fridayeveryday
Fears of conflict over Taiwan dominated the recent G7 Foreign Ministers’ meeting in Sapporo, but are they really justified?
Is G7’s fear of Taiwan conflict justifiable?
Video via Fridayeveryday

By Alan Macleod / MintPressNews
For quite some time, TikTok has been recruiting former State Department officials to run its operations.
TIKTOK: Chinese “Trojan Horse” Is Run By State Department Officials
At CPAC, China is the new big bad
Roy Liu had not come to CPAC to hear Alabama Sen. Tommy Tuberville accuse leftists of wanting “one gender,” or to buy a “Biden-Fetterman 2024: It’s a No-Brainer” T-shirt. He, and dozens of other activists with the New Federal State of China, wanted to build support for destroying the Chinese Communist Party.
…
At CPAC, those kinds of familiar riffs were supplemented by media and lobbying groups that support regime change in Beijing, and have never been more visible.
The Epoch Times, a newspaper associated with the Falun Gong religious movement suppressed by Xi’s government, had a sprawling presence at the conference, including the screening of “The Shadow State,” billed as “the first documentary about ESG” — another target of conservatives, both at CPAC and on the Hill.
And the New Federal State of China, “declared” three years ago by Steve Bannon and exiled Chinese businessman Guo Wengui, made its first CPAC appearance with a $75,000 sponsorship, and two high-tech booths where volunteers handed out leaflets and explained why the battle to destroy the CCP had to be won in America.
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The EU executive will also prepare a European Sovereignty Fund as part of the mid-term review of the bloc’s long-term budget.
Von der Leyen announces Net-Zero Industry Act to compete with US subsidy spree
Banking Committee Chair: US Regulators Should ‘Maybe’ Ban Crypto
The senator [Sherrod Brown] also pointed to numerous incidents to back up his claims, not just the recent collapse of FTX but also issues such as “the threat to national security from Korean cyber criminals to drug trafficking and human trafficking and financing of terrorism and all the things that can come out of crypto.”
…
Senator Elizabeth Warren unveiled a new bill governing cryptocurrencies earlier this month, dubbed the Digital Asset Anti-Money Laundering Act.
Warren’s bill would look to force crypto asset providers to offer audited financial statements and impose bank-like capital requirements more in line with what is expected of traditional financial institutions. The act would also give the SEC increased powers to regulate the asset class.
Get ready for the Digital Dollar!
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Read More »As a deadly pandemic wreaks havoc in an election year, Republicans are leveling relentless attacks against China. To be sure, Beijing’s initial response to the coronavirus outbreak was littered with errors, egregious injustices and conspiracy-mongering.
Republicans blasting China forget that the GOP enabled Beijing’s rise
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Urged on by their presidential standard-bearer, Texas Gov. George W. Bush, and by nearly all of the business lobbyists who represented the core of the party’s donor class, three-quarters of House Republicans voted to extend the status of permanent normal trade relations to China. They were more than enough, when added to a minority of Democrats, to secure passage of a bill that would sail through the Senate and be signed into law by President Bill Clinton.
Another day, another success in the courts for Dutch environmentalists. This week, the country’s highest court, the Council of State, decided that building is no longer exempt from EU environment protection rules. In one of the world’s most densely-populated countries, where new homes are badly needed – and a 900,000 home building spree had just been announced – this spells trouble: within hours, building association Bouwend Nederland called it a ‘tragedy’ and experts warned it will exacerbate the Netherlands’ housing crisis.
The wheels are coming off the Dutch green revolution
FRANKFURT – BASF said costs at its European sites must be cut to a “permanently” smaller size because of a triple burden of sluggish growth, high energy costs and over-regulation, with the German industrial giant’s boss throwing his weight behind a planned expansion in China.
BASF seeks ‘permanent’ cost cuts at European operations
Brandon’s handlers are going to be disappointed! Businesses are supposed to move to the US! Time to twist Olaf’s arm (again)! Maybe tell him that Germany needs to decouple from China, as well?! /s
The chip manufacturer cheered on a $76 billion subsidy package for the industry, then announced capital spending cuts and mass layoffs while maintaining payouts to shareholders.
Intel’s Multi-Billion Bait And Switch
Links behind paywalls:
US chipmakers hit by sudden downturn after pandemic boom
Intel Is Planning Thousands of Job Cuts in Face of PC Slump
Chipmaker
Biden’s Tech-War “Goes Nuclear”
So, where is all of this heading, you ask?
To more conflict, more confrontation, higher prices, lower standards of living and, eventually, a disintegration of the prevailing order. That much is certain. The problem, of course, is that the China hawks now control the levers of power in Washington which means that the attacks on China will intensify, decoupling will accelerate, and a massively-destabilizing international crisis will soon follow.
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